All States
TN | NAICS 238160

Roofing Business Valuations in Tennessee

Tennessee's roofing market benefits from strong population growth in Nashville, severe weather exposure, and no state income tax attracting business owners. The Nashville metro has become a hotspot fo...

9,600
Total Employment
$39K
Avg Annual Wage
1,180
Establishments
moderate
PE Activity

Market Analysis

Tennessee's roofing market benefits from strong population growth in Nashville, severe weather exposure, and no state income tax attracting business owners. The Nashville metro has become a hotspot for PE-backed roofing platforms.

Market Rank
#14 nationally
Storm Activity
High (hail, tornado)
Growth Rate
2.7% annually
PE Deals (2023-2025)
8+

PE Buyer Activity in Tennessee

Tennessee has seen steady private equity interest with 8+ completed transactions since 2023. The state's location quotient of 1.52 reflects above-average roofing industry concentration. PE firms view Tennessee as a strategic market for regional platform expansion, particularly targeting companies with strong operational infrastructure and recurring revenue components. Multiples are competitive for well-positioned businesses that demonstrate growth potential and reduced owner dependency.

Location Quotient
1.52
Above national average
Typical Multiple Range
5.5-7.5x
EBITDA multiple for qualified businesses

Top Metro Areas

Own a Roofing Business in Tennessee?

Get a free, data-driven valuation estimate using Tennessee-specific market data.